The Philippines - Economic Growth - usaid

More documents

Recommendations

Info

SOUTHEAST ASIA COMMERCIAL LAW & INSTITUTIONAL REFORM AND TRADE DIAGNOSTICS JULY 2007 THE PHILIPPINES • Efforts to establish an Agro-Business Investor Center at the DA should be supported. • The agricultural extension system should be reinvigorated. In addition to providing technical services to the agricultural and rural sector producers, the extension system should play a vital role in explaining laws and regulations affecting agriculture and citizens’ rights within the system. • Agrarian law reform efforts should be supported to allow for consolidation of land parcels, perhaps through cooperatives, into cost-effective production units without reducing farmers’ rights to land ownership. The economics of land in agriculture production systems is an important consideration and should be strengthened. 159
SOUTHEAST ASIA COMMERCIAL LAW & INSTITUTIONAL REFORM AND TRADE DIAGNOSTICS JULY 2007 THE PHILIPPINES ATTACHMENT 1: COMPILATION OF RECOMMENDATIONS COMPANY LAW AND CORPORATE GOVERNANCE No. Type Recommendation Priority Duration 1 Training and Education/ Corporate Governance Greater efforts should be made to provide training in the efficacies of corporate governance. This training should focus on how greater corporate governance can increase wealth for all. However, it can also act as a threat to established wealth. Medium Short-Term 2 Corporate Governance A Philippine case should be made for good corporate governance. To accomplish this, the Philippine case for reform should not refer heavily to the good governance checklists of the OECD, the New York Stock Exchange, the European Bank for Reconstruction and Development, or other outside indicators. Instead, it should focus on issues from the Philippine perspective. The Philippine case for reform would— • Establish the Philippine nexus between good corporate governance • Calculate the gains to be expected from true institutional reform • Calculate the loss and opportunity cost suffered from lack of institutional reform. Medium Medium- Term CONTRACT LAW AND ENFORCEMENT No. Type Recommendation Priority Duration 1 Judicial System Commercial courts should clear their docket of additional cases dealing with non-commercial High Long-Term Reform matters. 2 Judicial System Reform In order to allow judges and court staff to develop specializations in commercial matters, and thus to expedite the disposition of cases, more courts should be designated as commercial courts. Medium Medium- Term 3 Wage Reform Judges’ salaries should be increased to attract candidates with advanced commercial litigation High Short-Term skills. 4 Judicial System Reform Efforts should be made to limit or eliminate facilitation payments to sheriffs to assist in the enforcement and collection of judgments. Medium Medium- Term 160
Page 1:
SOUTHEAST ASIA COMMERCIAL LAW AND T
Page 5 and 6:
SOUTHEAST ASIA COMMERCIAL LAW & INS
Page 7:
Page 10 and 11:
Page 12 and 13:
Page 14 and 15:
Page 16 and 17:
Page 18 and 19:
Page 20 and 21:
Page 22 and 23:
Page 24 and 25:
Page 26 and 27:
Page 28 and 29:
Page 30 and 31:
Page 32 and 33:
Page 34 and 35:
Page 36 and 37:
Page 38 and 39:
Page 40 and 41:
Page 42 and 43:
Page 45 and 46:
Page 47 and 48:
Page 49 and 50:
Page 51:
Page 54 and 55:
Page 56 and 57:
Page 58 and 59:
Page 60 and 61:
Page 62 and 63:
Page 64 and 65:
Page 66 and 67:
Page 68 and 69:
Page 70 and 71:
Page 72 and 73:
Page 75 and 76:
Page 77 and 78:
Page 79 and 80:
Page 81 and 82:
Page 83 and 84:
Page 85 and 86:
Page 87:
Page 90 and 91:
Page 92 and 93:
Page 94 and 95:
Page 96 and 97:
Page 98 and 99:
Page 100 and 101:
Page 102 and 103:
Page 104 and 105:
Page 106 and 107:
Page 108 and 109:
Page 110 and 111:
Page 112 and 113:
Page 114 and 115:
Page 116 and 117:
Page 118 and 119:
Page 120 and 121:
Page 122 and 123:
Page 124 and 125: SOUTHEAST ASIA COMMERCIAL LAW & INS
Page 145: SOUTHEAST ASIA COMMERCIAL LAW & INS
show all

The Philippines - Economic Growth - usaid

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?